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Why Fiat Currency Is More Confusing Than Crypto
29.8.2021
One common refrain you hear about crypto, at least from laypeople, is that it’s too ‘complicated,’ ‘hard to understand,’ ‘opaque.’ On a technical level this view is understandable, yet it ignores the fact that what cryptocurrencies aim to replace/supplement - fiat currencies - are also more than...
How Countries Use Digital ID to Exclude Vulnerable People
29.8.2021
Eve Hayes de Kalaf, Research Associate, CLACS University of London, and School of Language, Literature, Music and Visual Culture, University of Aberdeen.
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The world has become interconnected at a level we never before imagined possible. States, banking, communications, transport, tech,...
Bitcoin, Crypto Represent Hope and Despair Amid Afghanistan Carnage
28.8.2021
As the bloodbath in Afghanistan continues almost unabated following the fall of Kabul, crypto advocates both inside the country and out are beginning to wonder if tokens like bitcoin (BTC) could help them fight back against the violent and oppressive rule of the Taliban.
The world has looked on...
Price Ups, Market Downs, Regulator Poops and 20 Non-Fungible Crypto Jokes
28.8.2021
The end of the summer is nearly here but crypto never ends. This week, the regulators were setting up to poop yet another bitcoin USD 50k party, and they might be coming for the DeFi golden goose, too. The regulatory situation has been creating a drama between exchanges, their users and regulators...
Fiat-to-Crypto Versus Crypto-to-Crypto: How Should You Trade?
22.8.2021
As the crypto markets continue on their bullish course, astute traders are taking advantage of market movements to generate crypto trading profits. But what is the best way to trade crypto?
Join us as we explore the fundamentals of fiat-to-crypto and crypto-to-crypto trading – and discuss which...
Nixon’s Decision to Delink the Dollar From Gold Still Hounds the IMF and Africa
22.8.2021
US President Richard Nixon’s decision to end the US promise to convert dollars into gold changed the global financial system. Getty Images
Danny Bradlow, SARCHI Professor of International Development Law and African Economic Relations, University of Pretoria.
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Five decades ago this month,...
Regulators are Coming for the DeFi Goose and Its Golden Eggs
21.8.2021
Regulation is becoming a very hot topic in the crypto industry as governments try to understand how they should respond to this still relatively new phenomenon. With United States-based crypto companies now fighting the infrastructure bill battle in the House after a defeat in the Senate,...
Rally, Pause, Resume, Regulate and 20 Crypto Jokes
21.8.2021
There was a lot of rallying this week, including Solana and Cardano, as well as some rally pauses, and rally continuations, while Ethereum fees jumped to their highest point since May. As this was happening, Mark Cuban stated that he owns less than USD 500 worth of DOGE. Speaking of which, DOGE...
How ‘Bitcoin With Smart Contracts,’ Ethereum Classic, Outperformed ETH
15.8.2021
Ethereum Classic (ETC) has had as good a bull market as pretty much every other top-50 cryptoassets out there. Long neglected by virtue of its well-documented vulnerability to 51% attacks, it nonetheless outperformed Ethereum (ETH) on various days in May, while enjoying a nearly 2,900% rise...
What Is the Metaverse? A High-Tech Plan to Facebookify the World
15.8.2021
Nick Kelly, Senior Lecturer in Interaction Design, Queensland University of Technology.
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Facebook chief executive Mark Zuckerberg recently announced the tech giant will shift from being a social media company to becoming “a metaverse company”, functioning in an “embodied internet” that...
US Infra Bill Might Prompt Crypto Business Exodus, Treasury Has a Role Too
14.8.2021
If the controversial US infrastructure bill is passed in its current form, it may force crypto companies to leave the country as there's no way to comply with the new requirements. However, the industry would also depend on the US Treasury as this institution would need to put the vague language...
Stealing, Giving Back, Taxing and 20 Crypto Jokes
14.8.2021
At the beginning of the week, we saw bitcoin and ethereum rallying, and Axie Infinity has been exploding left and right, hitting major milestones. And then, the historic hack happened with the theft of USD 600m from Poly Network, with the attacker starting to return funds soon, giving back some...
Here's How The Bitcoin Family Secures Their BTC, ETH & LTC Fortune
12.8.2021
The Bitcoin Family. Source: a video screenshot, Youtube, The Bitcoinfamily
The Bitcoin Family has risen to international prominence after the Dutch family of five (parents Didi and Romaine Taihuttu, and their children Joli, Juna, and Jessa) sold everything they owned, including their house, in 2017...
Debunking the 4 Big Bitcoin Myths Promoted By Central Banks in 2021
8.8.2021
It's 2021 and central bankers still can't figure out what to make of Bitcoin (BTC). Although many of them have dismissed the asset as a highly speculative bubble in the past, the cryptocurrency keeps growing in terms of price, general adoption, and a variety of other metrics.
Due to the massive...
Why Jack Dorsey’s Square Paid USD 29B for Afterpay
8.8.2021
Jack Dorsey. Lien Duong, Senior Lecturer in School Accounting of Accounting, Economics and Finance, Curtin University, Sonny Pham, Senior Lecturer in Computer Science, Curtin University.
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The AUD 39bn (USD 29bn) that Twitter founder Jack Dorsey’s digital payments company Square is paying...
Stablecoins Reign Among Top Coins: Why and What It Might Mean
7.8.2021
Stablecoins, stablecoins, stablecoins. The cryptoverse can’t seem to get rid of them, with their importance to the market confirmed earlier this summer, when Binance USD (BUSD) cracked the top ten of cryptoassets by market capitalization. It has been in and out of the club since and today is ranked...
Ethereum Burning Fee, Pantera Trimming BTC and 20 Crypto Jokes
7.8.2021
What a week! We left the green July behind, while market sentiment made a jump led by BTC, ETH, and BNB. And then, Ethereum finally arrived to London, the burning began, and we looked into what EIP-1559 does and does not do. One old presentation by Vitalik Buterin brought up an unresolved Ethereum...
CBDC: A Solution in Search of a Problem?
6.8.2021
Below is a speech by Federal Reserve Governor Christopher J. Waller before the American Enterprise Institute on Thursday, August 5.
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The payment system is changing in profound ways as individuals demand faster payments, central banks including the Fed respond, and nonbank entities seek...
Bitcoin 'Innovation Is Real' & 9 Other Key Takeaways From Speech By SEC Chair
4.8.2021
This is a speech by the US Securities and Exchange Commission (SEC) chief Gary Gensler before the Aspen Security Forum on August 3.
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Top 10 key statements:
Satoshi Nakamoto’s innovation is real. It has been and could continue to be a catalyst for change in the fields of finance and money.No...
What It’s Like To Mine Bitcoin As a Full-Time Job
2.8.2021
Nick Sears is only 19-years-old, but in just two years he has managed to build himself a career as a full-time bitcoin (BTC) miner. He reportedly makes USD 54,000 a year, turning down college and living in a room located inside a cryptocurrency mining farm.
Sears, who was 17-years-old when he took...